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People moves news

Transcend hires Rajen Patel to lead European sales


02 August 2021 UK
Reporter: Carmella Haswell

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Image: QQ7/stock.adobe.com
Transcend, a provider of collateral optimisation, securities finance and liquidity management solutions, has appointed Rajen Patel to aid its expansion into Europe.

Based in London, Patel will lead European sales, strategy and expansion efforts as part of the company’s push to grow its client base and global footprint. He will help drive new customer relationships and strengthen existing ones around the world.

With more than 20 years of capital market experience, Patel was previously managing director at Morgan Stanley during a 13-year term with the US investment bank. He has served in various securities finance trading and management roles across New York, London and Tokyo.

Most recently, Patel was the COO and CRO of KAM Portfolio Management in London for two years.

Bimal Kadikar, Transcend’s CEO says: “Transcend is committed to providing our clients with global solutions backed by strategic expertise. As we continue to grow our global client footprint, Rajen’s domain expertise and industry experience will help us evolve our product and business strategy.”
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